Subnostr

I thought I'd do a short note to outline how I swapped Lightning sats to Liquid BTC as I'm sure there are a few of you who are new to it.

You'll need

1) Lightning wallet

2) Blockstream Green Wallet

3) https://liquid.boltz.exchange

Go to the boltz exchange swap feature. Enter amount of sats you want to swap (minimum is around 10-11k). Enter your Blockstream Green L-BTC address. Click swap, scan the invoice with your lightning wallet and pay. Wait about one minute and the L-BTC should show in your Blockstream Green wallet.

For reference I swapped 11k sats, paid a 428 sat network fee and a 10 sat boltz fee. If you swap back to Lightning sats from L-BTC it is much cheaper.

Hope it's helpful. 😎🤙

#Blockstream

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Discussion

The Fishcake (nostr.build) 2y ago

My main question is, where do I use L-BTC? What is the appeal to swap it? I am just very interested and want to know. 🐶🐾🫡

₿k 2y ago

same

SovereigntyQuest 2y ago

This is also my next question. I am for now treating it as a custodial storage for a small amount of sats. Maybe could be seen as a way to store sats custodially rather than on a non custodial lightning wallet. Hopefully, someone will have some thoughts on other use cases.

The Fishcake (nostr.build) 2y ago

BTCPay server supports payment using L-BTC with the plugin, as far as I could recall. 🐶🐾🫡

zach 2y ago

Thanks for sharing